With EPS Growth And More, Kinsale Capital Group (NYSE:KNSL) Makes An Interesting Case
With EPS Growth And More, Kinsale Capital Group (NYSE:KNSL) Makes An Interesting Case
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
許多投資者,尤其是那些沒有經驗的投資者,通常會購買有好故事的公司的股票,即使這些公司虧損。但現實是,當一家公司每年虧損時,在足夠長的時間內,其投資者通常會從虧損中分擔自己的份額。虧損的公司總是與時間賽跑以實現財務可持續性,因此這些公司的投資者承擔的風險可能超出了應有的範圍。
So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Kinsale Capital Group (NYSE:KNSL). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing.
因此,如果這種高風險和高回報的想法不適合,你可能會對盈利、成長中的公司更感興趣,例如金賽爾資本集團(紐約證券交易所代碼:KNSL)。儘管這並不一定說明其估值是否被低估,但該業務的盈利能力足以保證一定的升值——尤其是在其增長的情況下。
Kinsale Capital Group's Earnings Per Share Are Growing
金賽爾資本集團的每股收益正在增長
If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That makes EPS growth an attractive quality for any company. Recognition must be given to the that Kinsale Capital Group has grown EPS by 43% per year, over the last three years. That sort of growth rarely ever lasts long, but it is well worth paying attention to when it happens.
如果一家公司能夠在足夠長的時間內保持每股收益(EPS)的增長,那麼其股價最終應該會緊隨其後。這使得每股收益的增長對任何公司來說都是一種有吸引力的品質。必須認識到,在過去三年中,金賽爾資本集團的每股收益每年增長43%。這種增長很少持續很長時間,但是當它發生時,值得關注。
It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Not all of Kinsale Capital Group's revenue this year is revenue from operations, so keep in mind the revenue and margin numbers used in this article might not be the best representation of the underlying business. The good news is that Kinsale Capital Group is growing revenues, and EBIT margins improved by 7.8 percentage points to 33%, over the last year. Both of which are great metrics to check off for potential growth.
查看利息和稅前收益(EBIT)利潤率以及收入增長通常會很有幫助,這樣可以重新了解公司的增長質量。並非金賽爾資本集團今年的全部收入都是收入 來自運營,因此請記住,本文中使用的收入和利潤率數字可能無法最好地代表基礎業務。好消息是,金賽爾資本集團的收入正在增長,息稅前利潤率比去年提高了7.8個百分點至33%。這兩個指標都是衡量潛在增長的好指標。
In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.
在下圖中,您可以看到公司如何隨着時間的推移實現收益和收入的增長。點擊圖表查看確切的數字。
![earnings-and-revenue-history](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240705/0-7963a11ac22ed568991fdb4de61868c6-0-fe9bb9a2f6456cd2b2feab6e49103487.png/big)
Fortunately, we've got access to analyst forecasts of Kinsale Capital Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.
幸運的是,我們可以獲得分析師對金賽爾資本集團的預測 將來 利潤。你可以不看就自己做預測,也可以看看專業人士的預測。
Are Kinsale Capital Group Insiders Aligned With All Shareholders?
金賽爾資本集團內部人士是否與所有股東一致?
Owing to the size of Kinsale Capital Group, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Indeed, they have a considerable amount of wealth invested in it, currently valued at US$461m. This suggests that leadership will be very mindful of shareholders' interests when making decisions!
由於金賽爾資本集團的規模,我們預計內部人士不會持有該公司的很大一部分股份。但是,由於他們對公司的投資,令人高興的是,仍然有激勵措施使他們的行動與股東保持一致。事實上,他們有大量財富投資於此,目前價值4.61億美元。這表明領導層在做出決策時會非常注意股東的利益!
It's good to see that insiders are invested in the company, but are remuneration levels reasonable? A brief analysis of the CEO compensation suggests they are. The median total compensation for CEOs of companies similar in size to Kinsale Capital Group, with market caps between US$4.0b and US$12b, is around US$8.5m.
很高興看到內部人士投資於公司,但是薪酬水平是否合理?對首席執行官薪酬的簡要分析表明確實如此。規模與金賽爾資本集團相似的公司的首席執行官的總薪酬中位數約爲850萬美元,市值在40億美元至120億美元之間。
Kinsale Capital Group offered total compensation worth US$5.2m to its CEO in the year to December 2023. That is actually below the median for CEO's of similarly sized companies. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. Generally, arguments can be made that reasonable pay levels attest to good decision-making.
在截至2023年12月的一年中,金賽爾資本集團向其首席執行官提供了價值520萬美元的總薪酬。這實際上低於類似規模公司首席執行官的中位數。儘管首席執行官的薪酬水平不應成爲公司看法的最大因素,但適度的薪酬是積極的,因爲這表明董事會將股東利益放在心上。通常,可以說合理的薪酬水平證明了良好的決策。
Should You Add Kinsale Capital Group To Your Watchlist?
您是否應該將Kinsale Capital Group添加到您的關注列表中?
Kinsale Capital Group's earnings per share growth have been climbing higher at an appreciable rate. The sweetener is that insiders have a mountain of stock, and the CEO remuneration is quite reasonable. The drastic earnings growth indicates the business is going from strength to strength. Hopefully a trend that continues well into the future. Big growth can make big winners, so the writing on the wall tells us that Kinsale Capital Group is worth considering carefully. Still, you should learn about the 1 warning sign we've spotted with Kinsale Capital Group.
金賽爾資本集團的每股收益增長一直在以可觀的速度攀升。甜言蜜語是內部人士擁有大量股票,首席執行官的薪酬相當合理。盈利的急劇增長表明該業務正在不斷壯大。希望這種趨勢能持續到很長一段時間。大幅增長可以造就大贏家,因此牆上的文字告訴我們,金賽爾資本集團值得仔細考慮。不過,你應該了解一下我們在金賽爾資本集團發現的1個警告信號。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by significant insider holdings.
買入這樣的股票總是有可能表現不錯 不是 不斷增長的收入和 不要 讓內部人士購買股票。但是,對於那些考慮這些重要指標的人,我們鼓勵您查看具有這些功能的公司。您可以訪問量身定製的公司名單,這些公司在大量內部持股的支持下實現了增長。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文中討論的內幕交易是指相關司法管轄區內應報告的交易。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,發送電子郵件至 editorial-team@simplywallst.com